News

Inauguration of twice-daily flights on Feb. 1 was slated to welcome the Year of the Tiger.

Singapore should keep the number of foreign workers at current levels, as recommended by the government's economic strategies committee.

Profits may be up for SingPost by a whopping 20.6 percent, but its deputy group CEO admits the company’s outlook is nowhere as pretty.

Ernst & Young Globalization Index 2009 also finds globalisation slowing.

Changi Airport has signed a 3 year agreement with the airline that will make it Jetstar’s largest air hub for its flights.

Under new proposals, MAS may have more power to investigate company figures, take regulatory action and demand compulsory advising before the sale of products.

2010 is looking sick for the biomedical sector, with firms declaring hiring freezes and government figures now revealing a 13.3 percent drop in biomedical output.

While a few have succeeded in restructuring their finances, a number of Singapore-listed firms in China remain burdened with debt and even fraud.

Singapore Sports Hub, with planned loans worth S$1.8 billion ($1.3 billion), is asking banks to lower their interest rate.

Investments in the manufacturing and services sectors are expected to hold their ground this year.

Companies must use social media marketing in 2010, or risk being left behind by their competitors. But this comes with a note of caution. According to results of a global survey covering 1068 marketing professionals worldwide, 66 percent of respondents will be investing in Social Media Marketing (SMM) in the next 12 months. These were figures released by marketing analytics company Alterian by its Singapore office. Of those investing in SMM, 40 percent said they would be shifting more than a fifth of their traditional direct marketing budget towards funding their SMM activities. This supports other statistics from the survey which found the majority of respondents (67 percent) feel social media is either ‘increasingly important’ or ‘critical to success’. Alterian Senior Vice President Asia Pacific, Chris Tew, said 2010 marked the start of the digital decade for marketing. He said: “Untargeted and irrelevant marketing techniques are now redundant and the results of this survey show many in the industry recognise this.” The survey found more than a third (36 percent) of respondents was investing in social media monitoring and analysis tools, a significant percentage considering the maturity of the channel.

Banking jobs will be in hot demand, but healthcare is still lousy; find out which jobs offer the best prospects and the highest pay.

DBS will be the first bank to open a branch at Resorts World Sentosa.

Keppel’s telecommunications and transportation arm attributed the 13.3 percent drop to poor investments and costs from restructuring.

With the new deal, MSN users will now have direct access to Singapore’s popular Hungrygowhere.com food website.

Temasek Holdings rejects the $2.6 billion Hong Kong IPO of the world's biggest aluminum maker.